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Rain industries is supported by many Ace pickers and the results are due subsequent month. The peer Goa Carbon isn’t into cement, but has concentrated enterprise in electrodes. they have posted good outcomes which is seen as an excellent parameter scale for rain , rain itself has performed well last time and the results were good. There may be additionally increase of electrode costs worldwide because of demand and Chinese shutting down their models as a consequence bid4papers review of air pollution points. Graphite electrode was a small sector but that was essentially the most performing sector of final yr (rain was 10 bagger goa carbon was 10 bagger, HEG,and others adopted suite. ). Future progress is anticipated good and you’ll see Goa Carbon touching greater highs. Motilal Oswal has fastened target for Rain as 492. This year, positive progress will continue for my part, however i dont assume it will be a 10 bagger like last year (from 44 to 450 range).
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